Schaeffler
Schaeffler AG, a leading global supplier in the automotive and industrial sectors, is headquartered in Herzogenaurach, Germany. Founded in 1946, the company has established itself as a key player in the development of innovative solutions, particularly in rolling bearings, linear motion, and automotive components. With a strong presence in Europe, Asia, and the Americas, Schaeffler serves a diverse range of industries, including automotive, aerospace, and manufacturing. Renowned for its commitment to quality and precision, Schaeffler offers a unique portfolio of products and services that enhance efficiency and performance. The company has achieved significant milestones, including advancements in electric mobility and digitalisation, solidifying its market position as a trusted partner for customers worldwide. Schaeffler's dedication to sustainability and innovation continues to drive its success in the competitive landscape.
DitchCarbon Score
How does Schaeffler's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Schaeffler's score of 38 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Schaeffler's reported carbon emissions
In 2023, Schaeffler AG reported total greenhouse gas emissions of approximately 7,082,000 kg CO2e. This includes 7,010,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 64,228,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions, which encompass all other indirect emissions, totalled approximately 353,153,000 kg CO2e. Schaeffler has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 90% by 2030, using 2019 as the base year. Furthermore, the company targets a 25% reduction in absolute Scope 3 emissions, which include emissions from purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution, within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Schaeffler's commitment reflects its dedication to sustainability and reducing its carbon footprint in the automotive and components sector.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 176,378,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,160,800,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,337,203,000 | 0,000,000,000 | - | - | 0,000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Schaeffler is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
